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  1. Turnover in tourism sector edges down 1.1 pct in Q2

    EconomyMacroeconomy

    The Turnover Index in Accommodation and Food Services slipped again in the second quarter (Q2) of 2016, albeit at the notably slower pace of 1.1 percent from a downward revised drop of 11.2 percent in Q1, Hellenic Statistical Authority (ELSTAT) figures displayed on Tuesday. This was the third

    4%
  2. Greece’s embattled commercial steel market industry braced for more challenges
    Photo via Flickr https://flic.kr/p/3pyqsB

    EconomyFeatures

    /business/steel-orders-drop-to-1980s-levels [7] http://www.amna.gr/english/articleview.php?id=6439 [8] http

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  3. Greece's taxing challenges

    Agora

    out of 138 countries. This ranking corresponds to a drop of five places for Greece compared

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  4. Bank credit contracts by 1.7 pct in September on loan deductions of 355 million

    EconomyMacroeconomy

    the most marked decline of 28.6 percent over the last 23 quarters, followed by drop rates of 24.1 and 18.8

    4%
  5. Economic sentiment and consumer confidence markedly improve in October
    Photo by MacroPolis

    EconomyMacroeconomy

    in October to -4.7, after a short-lived drop by 1.1 points in September. The year-to-date gains stand

    4%
  6. Retail sales fall by 3.1 pct in Aug after fleeting rebound in July

    EconomyMacroeconomy

    , September retail sales edged down 1.8 percent, mostly reflecting a double-digit drop in clothing

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  7. Parliament's budget office sees obstacles to recovery, warns on private debt

    EconomyMacroeconomy

    In its quarterly report published on Monday, the Parliamentary Budget Office (PBO) notes that the macroeconomic developments in Greece in the third quarter (Q3) sent mixed signals. In particular, the recession is continuing, while a drop in the Q2 unemployment rate is mostly attributed

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  8. Greece worst-performer in EU 28 for social justice
    Photo by Panayiotis Tzamaros/Fosphotos

    Society

    in 2015). This meant that Greece suffered a drop of 0.78 on the mark it gained in 2008, the largest

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  9. Moody’s changes outlook for Greek banks from negative to stable

    EconomyBanking

    down during 2016 and Moody’s estimates the non-performing exposure (NPE) ratio to drop to 40 percent

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  10. Unemployment rate falls to 23.1 pct in September, lowest since March 2012
    Photo by MacroPolis

    EconomyMacroeconomy

    by 52,700 to 3.75 million coupled with a marked drop in the jobless by 61,000 to 1.06 million

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